ABC agreement

Definition:

A contract between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Performance shares

Shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria.

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